Housing costs in Padre Ranchitos?
A typical home costs
$278,800, which is 17.5% less expensive than the national average of
$338,100 and 31.6% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Padre Ranchitos costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 27.0% cheaper than the state average of
$1,550.
Can I afford Padre Ranchitos?
To live comfortably in Padre Ranchitos, Arizona, a minimum annual income of
$53,280 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Padre Ranchitos?
Padre Ranchitos, AZ is a relatively affordable place to live. The cost of living index is approximately 8% lower than the national average, meaning that goods and services require less money to purchase in comparison to other places. Padre Ranchitos also has a low median home value, with the average price being $134,000. This is much lower than many other cities in Arizona and across the country, making it easier for locals to find an affordable place to live. Additionally, the city has an average property tax rate that’s 4% lower than the national average and an income tax rate of 4.54%, which is lower than most states in the US. All of these factors combined mean that Padre Ranchitos can offer locals a relatively inexpensive place to live without sacrificing amenities or quality.